Bills.com Launches as Complete Online Resource

Comparison shopping, tips, savings tools help consumers manage spending, debt

SAN MATEO, Calif., June 20, 2006 - Consumers looking to educate themselves about complex personal finance issues and save money by choosing the best-value products and services can now do so quickly and easily with the new Bills.com one-stop Web site. Developed by the founders and CEOs of Freedom Financial Network, LLC, Andrew Housser and Brad Stroh, Bills.com is designed to empower consumers with personal finance education and answers. Six main resource categories - Mortgage, Debt Help, Insurance, Bill Payment, Loan, and Credit Products - feature money management and budgeting information, tips, and savings tools that include glossaries of terms, Frequently Asked Questions, and individual success stories. Bills.com’s ground-breaking "Ask Bill" tool gives consumers the ability to ask questions and obtain answers to personal finance questions from industry experts. All services are offered at no charge. "We have launched Bills.com based on the same principles that have made our Freedom Financial Network companies so successful: helping Americans to manage their money, get out -- and stay out -- of debt, and empowering these consumers to take control of their financial lives," Stroh says. At the Bills.com site, consumers can find clear, concise information on personal finance issues, products, and services, as well as save money by comparison shopping for the best rates. Consumers also can link to Bills.com’s network of quality providers, adds Stroh. The portal takes online money management services far beyond online bill payment. While Bills.com’s Bill Payment Resource lets consumers review, lower and pay bills - and manage debt - at one convenient, easy-to-use place, the site is about far more, says Housser. "It’s about consumers getting the most for their money through service comparisons and vendor-neutral information and tips." "The need for these services is at an all-time high and continually growing," Stroh explains. "Recent legislation has doubled minimum credit card payments, closed many non-profit credit counseling firms, and made bankruptcy rules more restrictive. At the same time, interest rates are climbing, gas prices are high, and many people who are suffering with debt have exhausted their home equity, which Americans - to a great extent - have been relying on for emergency funding and routine spending." "Our goal is to help consumers eliminate confusing information and time-consuming shopping," he adds. "Financial education is one of the most crucial areas facing American consumers today, and we are proud to empower the American consumer with the tools, tips, and resources to find financial freedom." Based in San Mateo, Calif., Bills.com is a free one-stop online portal where consumers can educate themselves about complex personal finance issues and save money by choosing the best-value products from a network of qualified service providers. Since 2002, Bills.com’s partner company, Freedom Financial Network, has provided consumer debt resolution services, serving more than 7,500 customers nationwide and managing more than $250 million in consumer debt. The company’s co-founders, Andrew Housser and Brad Stroh, were recently named Northern California finalists in Ernst & Young’s 2006 Entrepreneur of the Year Awards.